Compass Broker Richard Kasper Represents Buyer In $980,000 Sale Of Multifamily Property In Chicago
SOLD
$980,000
Illinois
See Similar DealsMultiFamily3,543 SF
Sold 12/15/2020
SOLD
Compass Broker Richard Kasper Represents Buyer In $980,000 Sale Of Multifamily Property In Chicago
3648 North Greenview Avenue, Chicago, IL, USA
See Similar DealsMultiFamily3,543 SF
Sold 12/15/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$276
Total Square Footage:3,543 SF
Transaction Type:Sale
The property involved in this closed transaction is a multifamily building located at 3648 N. Greenview Avenue in Chicago. The sale took place on December 15, 2020, and the property was sold for a price of $980,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $980,000
- Address: 3648 N. Greenview Avenue, Chicago
The buyer's representative in this transaction was Richard Kasper from Compass, while the seller's representative was Kristi Gunther from RE/MAX.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$52,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,481.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,645.70
Annual Debt Service$55,748.40
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